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Biotech / Medical : SNRS- Sunrise Technologies -- Ignore unavailable to you. Want to Upgrade?


To: MJB8743 who wrote (1987)1/15/1999 11:03:00 PM
From: Loren  Respond to of 4140
 
To All -

SNRS TA... my $.02 worth...

Weekly Data: MACD histogram is still trending up, indicating upward price trend. ADX is 37 and rising, indicating strong (and strengthening) trend.

Daily Data: Stochastic is very high in the 'overbought' range, higher than it's been since last July. A correction would not be surprising... how much...? The 7.5 level was a major resistance level, it would probably now be a support level...

Those who are already in might hold... those who want in (or want more shares) might put in a limit order around 7.5...

** don't take this as investment advice... although TA works more than half the time, the 'less than half' can be murder... lol

Loren




To: MJB8743 who wrote (1987)1/16/1999 11:01:00 AM
From: majormember  Respond to of 4140
 
>Thread...Does this mean I should cancel my GTC order @ $6.00?

IMO (In Mark's Opinion), we "may" retreat to 7 1/2....
If not, we could ride to $10-$12. We have jumped to
life now, with all engines on GO ;-))

Look at VISX going to $115, then splitting. You will kick
yourself later if you "miss out" on buying for a few points.

There are so many garbage internet stocks out there over $10,
that will eventually fall back. Buying SNRS at these prices
is a gift, IMHO.

Skane